Why Amazon, Google Haven’t Launched Their Own Cryptocurrencies

Published on: Mar 13, 2018 - 9:48 AM

Source: Profit Confidential

Three Reasons Why Tech Giants Steer Clear of Cryptos If Bitcoin’s blockchain technology really is as disruptive as it’s purported to be, then why aren’t bigwigs like Amazon.com, Inc. (NASDAQ:AMZN) and Google launching their own cryptocurrencies? It’s a question we mull over often. After all, for companies like Amazon, which already have a digital currency in circulation (hint: “Amazon Coin”), creating a cryptocurrency should make all the more sense. But it’s not that simple, you see. There are at least three reasons that may help explain why these technology behemoths have so fa …